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Technology Stocks : Echelon Corporation (ELON)
ELON 21.88+10.1%Oct 6 5:00 PM EST

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To: Silver Clay Art who wrote (2320)6/14/2000 1:27:00 PM
From: plow guy  Read Replies (1) of 3076
 
"max pain"?

I was refering to options. It is the point in which the largest number of calls expire worthless (puts are also a factor). This is options expirations week and often stocks trade below max pain by friday.

Elon max pain appears to be 70 with 500+ outstanding calls (150 puts). These numbers are small but relatively they may be enough to keep stock under 70 until monday.

rosebud i am still learning about options but i think above is close.

audie
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